Coal price bounce buoys Buma's dollar bond sale

The coal mining group gets a warm welcome as the recovery in commodity prices helps bond investors to look beyond the recent default of key customer PT Berau Coal Energy.
February 07, 2017

Buma pays premium 11.75% coupon on $315 million bond

Indonesian mining contractor Buma pays 11.75% for a five-year issue and raises additional funding from a syndicated loan, while fellow Indonesian coal miner Indika prices its $230 million bond with a 9.75% coupon.
October 29, 2009